High Court Upholds ITAT Decision on Non-Genuine Gifts u/s 68; Revenue's Appeal Dismissed Due to Lack of Evidence Misinterpretation.

Non-genuine gifts - additions u/s 68 - The Tribunal has, after appraising the affidavit and the statements, recorded a plausible finding - Revenue is unable to point out any misreading of evidence or perversity in the process of reasoning as would enable us to interfere with the findings of fact recorded by the ITAT - HC .....

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